Research Report

UK RegTech | Success Stories

Posted: 20 Aug 2024

Resource Type: Research Report

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Good regulation is vital to a stable and sound financial services sector. It must serve the interests of both consumers and investors alike. Good regulation is an enabler of the wider financial system, providing trust and confidence for everyone’s benefit.

In today’s world, regulatory measures are deeply integrated into the life cycle of all financial institutions, be it in insurance, banking, or asset management.

The UK has long been recognised as a global thought leader in financial regulation, so it is no surprise that both the Financial Conduct Authority and the Bank of England have been proactive in their approach to technological innovation.

In this report, we showcase the benefits of RegTech by presenting successful examples of RegTech implementation which have helped UK firms to cut compliance costs, be more efficient, and save time and resources.

This report is intended to foster collaboration, build sustainable growth in the RegTech industry, and in particular, motivate UK organisations to use, invest, and embrace the value that RegTech can bring. 

We believe that RegTech's adoption can enhance the competitiveness of the UK financial services sector and make it a safer and stronger place to do business.

Dr Sian Lewis

"A financial services sector that is robustly compliant can
only be good for the economic development of the UK.”

Dr Sian Lewin

With thanks to members of the RegTech Platform Strategy Group who provided commentary on the UK RegTech landscape in 2024.

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